Missouri, Midwest states see economic improvement in January

2 years 1 month 3 weeks ago February 02, 2015 Feb 2, 2015 Monday, February 02 2015 Monday, February 02, 2015 8:27:00 AM CST in News
By: The Associated Press

OMAHA, Neb. (AP) - A new report says a monthly economic survey index for nine Midwestern and Plains rose slightly in January.

The survey report issued Monday says the overall Mid-America Business Conditions Index climbed to 54.8 last month from 54.4 in December.

Creighton University economist Ernie Goss, who oversees the survey, says growth for companies outside of energy and agriculture will more than offset expected declines in those sectors.

The survey results from supply managers are compiled into a collection of indexes ranging from zero to 100. Survey organizers say any score above 50 suggests economic growth, while a score below that suggests decline.

The survey covers Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.

 

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